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Re: newmedman post# 43728

Tuesday, 04/16/2024 4:47:54 PM

Tuesday, April 16, 2024 4:47:54 PM

Post# of 44161
I think for many ordinary investors, SPACs seem to be overly complicated. And though ideally, a suitor company will be identified, and the merger will take place in a year or a little more, that hasn't worked out for many SPACs. And during the time nothing's happening, the price can drop dramatically.

The reason they were created wasn't a bad one. Fewer and fewer companies have been going public in the U.S. in recent years. It's a legitimate concern. But it seems SPACs aren't the answer to the problem.
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